98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5863

 

Introduced , by Rep. Donald L. Moffitt

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 5/224 new

    Amends the Illinois Income Tax Act. Creates a credit for taxpayers who are employed by or volunteer for a county emergency medical services agency in a county with a population of fewer than 10,000 as a paramedic, firefighter, emergency medical technician, or ambulance driver. Provides that the credit shall be equal to 5% of the base amount of the standard exemption for individuals. Effective immediately.


LRB098 19088 HLH 54238 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5863LRB098 19088 HLH 54238 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Income Tax Act is amended by adding
5Section 224 as follows:
 
6    (35 ILCS 5/224 new)
7    Sec. 224. Emergency medical services employees and
8volunteers tax credit. Beginning with tax years ending after
9December 31, 2014, each taxpayer who is employed by or
10volunteers for a county emergency medical services agency in a
11county with a population of fewer than 10,000 as a paramedic,
12firefighter, emergency medical technician, or ambulance driver
13shall be allowed a credit against the tax imposed by
14subsections (a) and (b) of Section 201 of this Act. The credit
15shall be equal to 5% of the base amount of the standard
16exemption for individuals, as defined in subsection (b) of
17Section 204.
18    In no event shall a credit under this Section reduce the
19taxpayer's liability under this Act to less than zero.
 
20    Section 99. Effective date. This Act takes effect upon
21becoming law.